1 Day
Source:
بوابة أخبار اليوم
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Lotfi Mounib introduces new carat gold sales policy
A new policy for selling gold jewelry in Egypt offers a more transparent and secure option, as the gold's value is calculated solely based on its weight, without including the weight of the gemstones in the price. Instead, the value of the gemstones is added to the craftsmanship cost at the time of purchase. This policy, which is the third system implemented in the market, provides a clear separation between the value of gold and that of the gemstones from the outset, reducing risks and increasing confidence among traders and customers. Although it was initially successful, over time it revealed some challenges in its implementation. However, its potential for wider adoption depends on the market's acceptance and the transparency of its enforcement.
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